Crane (NYSE: CR) CEO reports RSU vesting and tax-share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Crane Co. Chairman, President and CEO Max H. Mitchell reported equity compensation activity in the company’s stock. On February 12, 2026, 2,260 Restricted Share Units vested and were converted into an equal number of Crane common shares at an exercise price of $0.
In connection with this vesting, 1,048 common shares were disposed of at $200.61 per share to satisfy tax withholding obligations, a non–open-market transaction coded "F." Following these transactions, he directly owned 415,459 common shares and held 15,412 Restricted Share Units, with an additional 2,971 common shares held indirectly through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,260 shares exercised/converted
Mixed
4 txns
Insider
MITCHELL MAX H
Role
Chairman, President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Unit | 2,260 | $0.00 | -- |
| Exercise | Common Stock | 2,260 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,048 | $200.61 | $210K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Share Unit — 15,412 shares (Direct);
Common Stock — 416,507 shares (Direct);
Common Stock — 2,971 shares (Indirect, 401(K))
Footnotes (1)
- Represents vesting of 2,260 previously reported Restricted Share Units. Restricted Share Units convert into common stock on a one-for-one basis. Restricted Share Units vest ratably in four equal installments beginning on the first anniversary of the grant date.
FAQ
What insider transaction did Crane Co (CR) report for Max H. Mitchell?
Crane Co reported that Chairman, President and CEO Max H. Mitchell had 2,260 Restricted Share Units vest and convert into common stock. These units were previously granted equity awards that settled one-for-one in Crane common shares on February 12, 2026.
Was the Crane Co (CR) insider transaction a market purchase or sale?
No open-market trades were reported. The Form 4 shows an exercise or conversion of 2,260 Restricted Share Units at $0 and a tax-withholding disposition of 1,048 shares coded "F," which typically reflects shares withheld for taxes rather than a discretionary sale.
What is transaction code "M" in the Crane Co (CR) Form 4?
Transaction code "M" in the Form 4 indicates an exercise or conversion of a derivative security. Here, it reflects 2,260 Restricted Share Units converting into 2,260 Crane common shares at an exercise price of $0 as part of scheduled vesting.